Today's successful offshore financial centers have a long history of promoting commercial certainty for global clientèle. For the Cayman Islands, this has meant adherence to recognized and relevant international standards, which has helped fuel sustainable growth of the financial sector. The Cayman Islands is a mature, sophisticated and well established domicile for the global insurance industry and is supported by a sound legal framework and modern infrastructure. Knighthead Annuity & Life Assurance Company is registered as a Class B (iii) Long Term insurer in the Cayman Islands and is regulated by the Cayman Islands Monetary Authority ("CIMA" - see further details below). Knighthead Annuity has been established in the Cayman Islands for a number of important reasons, but foremost is because it is a good place for us to conduct our business and to best serve the long term needs of our clients.
A copy of CIMA’s current Fact Sheet is accessible here. Further details of CIMA’s regulation of the Cayman Islands Insurance industry and standards of regulation applied are accessible here.